Current as of: 2011
36.53 Tuition gift certificates.
(c) A gift certificate does not expire.
(2) The board may charge no more than the actual processing cost as a fee for each sale of a gift certificate.
(1) The board may establish a gift certificate program for the payment of nonresident tuition and academic fees. The program shall include all of the following components:
(a) The individual named in a gift certificate may use the gift certificate to pay all or a portion of his or her nonresident tuition or academic fees, or for a study-abroad program, at any institution or college campus.
(b) A gift certificate is not transferable, except to a parent, child, spouse, or sibling of the named individual in para. (a).